OceanFreight Inc. (NASDAQ: OCNF), a NASDAQ listed bulk shipping company announced that it will release its results for the third quarter period ended September 30, 2007 after the close of the market in New York on Wednesday, October 24, 2007. The declaration of the Company’s dividend for the third quarter of 2007 will also be announced at that time. On Thursday, October 25, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.
DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger and OceanFreight has become a wholly-owned subsidiary of DryShips. Under the terms of the merger agreement, OceanFreight shareholders will be entitled to receive $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc
Woodland International Transport got on its bike to sponsor a team of engineering undergraduates by shipping their pedal-powered submarine to and from the United States. Inspired by penguins' swimming technique, the University of Bath students created a submarine called the SeaBomb, powered by a pilot who pedals on a machine similar to an exercise bike. Woodland shipped the vessel to the USA where it participated in the 9th International Submarine Races
The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc
OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services for both drybulk and energy commodities, announced a new charter for the recently acquired 180,000DWT, 2005 built capesize vessel. Upon delivery, the vessel will be renamed M/V Montecristo and will commence employment on a time charter for a minimum period of four years at a gross rate of $23,500 per day and a maximum of eight years at an average gross rate of $24,125 per day for the optional period.
CEVA Holdings LLC, one of the world’s leading non‐asset based supply chain management companies, today reported results for the three months ended 30 June 2014. Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team
Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew. Charles Foo, who currently serves as the managing director of Keppel Hitachi Zosen, will assume Loh's post as Chairman of Keppel Philippines Marine, Inc (KPMI) and Subic Shipyard and Engineering Inc (SSEI). Kevin Wong, who is the executive director and managing director of Keppel Land Limited (Keppel Land) in
Deep Marine Technology, Inc. announced the election of Bruce C. Gilman to Chairman of the Board. A businessman with CEO level management expertise, Gilman’s four decade Subsea Career is highlighted with professional accomplishments such as President of both Perry Offshore & Oceaneering International Inc.; President and Founder of Sonat Subsea Services; President, CEO & Director of Sonsub Inc., and Chairman and President of Saipem Inc., the US Subsidiary of Saipem SpA.
Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming. The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors
Analysts' Corner release new research reports highlighting Trinity Industries, Inc., Nordic American Tankers Limited ), J.B. Hunt Transport Services, Inc., SEACOR Holdings, Inc.), and DryShips Inc. Readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Trinity Industries, Inc. Research Report Available at: [http://www.analystscorner.com/r/full_research_report/39ee_TRN ]
In recognition of the growing demand for Krill Vessel Fuel Management Systems (VFMMS) worldwide, including certain regions that are currently experiencing political instability, Krill Systems Inc. announced the signing of a general partnership agreement with Six Maritime to perform sales and
ABS Group of Companies, Inc. announced the appointment of Todd Grove as its new President and CEO. Grove most recently served as Senior Vice President and Chief Technology Officer for ABS Group's parent company, American Bureau of Shipping (ABS)
The National Ocean Industries Association (NOIA) Board of Directors has elected Cindy B. Taylor as Chair and Kevin McEvoy as Vice Chairman for the upcoming 2015-2016 term. Taylor and McEvoy assumed their positions at the NOIA Annual Meeting today in Washington, DC.
Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is celebrating its 35th year of providing exceptional support and service to blowout preventer operators.
Detyens Shipyards, Inc. has been awarded a $15,812,647 firm-fixed-price contract from the U. S. Navy’s Military Sealift Command for a 75-calendar day shipyard availability for the regular overhaul and drydocking of USNS Lewis and Clark (T-AKE 1).
W Marine, Inc. has selected Ecochlor, Inc. to provide ballast water treatment systems (BWTS) for installation on two newbuild 82,000 DWT bulk carriers that will be constructed in China by Sainty Marine Corporation, Ltd. In addition, W Marine has secured an option for six additional systems to be
Weeks Marine, Inc. (WMI) and Eastern Shipbuilding Group, Inc. (ESG) signed a contract to complete the construction of its Trailing Suction Hopper Dredger, the MAGDALEN. This 356’ Twin Screw Trailing Suction Hopper Dredger will be constructed at Eastern’s Allanton Panama City
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v YM Los Angeles, a 2006-built Panamax container vessel of approximately 5
WesPac Midstream LLC (WesPac) and its affiliate Clean Marine Energy LLC (CME), announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America. The first 2,200 cu. m
Eastern Shipbuilding Group, Inc. introduced its new 120-ft., 4,200-hp Inland Towboat design, Thunderbolt, combining twin electric V-Pod propulsion and diesel-electric technology for what the builder calls its “vision of the future for the U.S. inland waterways.”
An order for cranes to be used on Nautilus Minerals Inc.’s production support vessel has been awarded to MacGregor, headquarter in Kristiansand, Norway. The contract marks the third major long lead time equipment package to be awarded by the shipyard
Canadian oil storage and transport company Gibson Energy Inc said on Monday it is building 900,000 barrels of crude oil storage at its terminal in Hardisty, Alberta, after receiving sufficient support from shippers. The company will build a 500
Tube bending machine manufacturer, Schwarze-Robitec has opened a North American subsidiary as of April 2015. Schwarze-Robitec America Inc. has been implementing the entire sales and service for the high-quality Tube Cold Bending Machines Made in Germany.
MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc., Mitsui & Co., Ltd. Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed that Mitsui
Kvichak Marine Industries, Inc, a Vigor Industrial Company, delivered the first of three new Bristol Bay boats. The new, top house design all-aluminum 32’ x 16’ jet propelled gillnetter is a product of the Kvichak design team and is powered by twin Volvo D11 EVEC-E engines